Freshworks Inc (FRSH) concluded trading on Thursday at a closing price of $18.12, with 5.46 million shares of worth about $98.9 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 54.21% during that period and on February 20, 2025 the price saw a gain of about 2.66%. Currently the company’s common shares owned by public are about 302.85M shares, out of which, 176.44M shares are available for trading.
Stock saw a price change of 1.80% in past 5 days and over the past one month there was a price change of 3.90%. Year-to-date (YTD), FRSH shares are showing a performance of 12.06% which decreased to -12.42% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.81 but also hit the highest price of $21.07 during that period. The average intraday trading volume for Freshworks Inc shares is 4.11 million. The stock is currently trading -0.46% below its 20-day simple moving average (SMA20), while that difference is up 6.03% for SMA50 and it goes to 30.96% higher than SMA200.
Freshworks Inc (NASDAQ: FRSH) currently have 302.85M outstanding shares and institutions hold larger chunk of about 50.67% of that.
The stock has a current market capitalization of $5.49B and its 3Y-monthly beta is at 0.90. It has posted earnings per share of -$0.32 in the same period. It has Quick Ratio of 3.20 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FRSH, volatility over the week remained 4.41% while standing at 4.57% over the month.
Stock’s fiscal year EPS is expected to rise by 22.86% while it is estimated to increase by 23.80% in next year. EPS is likely to shrink at an annualized rate of 20.15% for next 5-years, compared to annual growth of 32.10% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on January 21, 2025 offering an Underweight rating for the stock and assigned a target price range of between $16 and $13 to it. Coverage by Oppenheimer stated Freshworks Inc (FRSH) stock as an Outperform in their note to investors on January 16, 2025, suggesting a price target of $22 for the stock. On October 16, 2024, Wells Fargo Initiated their recommendations, while on May 02, 2024, Robert W. Baird Downgrade their ratings for the stock with a price target of $16. Stock get a Perform rating from Oppenheimer on May 02, 2024.
